My take from AGM

  1. 40 Posts.
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    * Performance improvement plan working albeit at a snails pace
    * No "large" cash cow coming soon from NIHL cases (if ever!)
    * WTG escrow claim of 50mil will take several years to settle
    * Class Action will take several years to settle
    * Just enough cash to maintain liquidity

    So,

    * No big cash build up in FY17 to make any significant dent in Loans
    * Re-financing of loans on the cards in FY18 i.e. performance improvement seem to be geared towards being able to re-finance (or perhaps dual listing)

    i.e.
    * No MAGIC BULLET

    Half year results will be interesting to see if what was implied regarding Q1 performance is correct.

    So, SGH share prices IMHO will be going sideways for a while and can't see any significant value creation until FY18 H1 results.

    Just my opinion.
 
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(20min delay)
Last
$52.52
Change
-1.550(2.87%)
Mkt cap ! $21.37B
Open High Low Value Volume
$51.37 $53.58 $51.11 $35.93M 685.2K

Buyers (Bids)

No. Vol. Price($)
1 95 $52.44
 

Sellers (Offers)

Price($) Vol. No.
$52.69 433 2
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Last trade - 16.10pm 01/07/2025 (20 minute delay) ?
SGH (ASX) Chart
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